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, everybody. as howard mentioned, a big report about the tax components of the fiscal cliff and what the effects could be on american households. i want to make five basic points that we raised in that study. the fiscal cliff really is big. it would be more than $500 billion in a tax increase. this works out to a tax increase of more than 20%, which is very large. looking at whether this would be the largest tax increase in history. for the average household, that works out to about $3,500. someone who earns around $50,000, it would be somewhere in the neighborhood of $2,000. the second point is it affects virtually everybody. close to 90% of households would see their taxes go up. there are a few folks out there, primarily older seniors and citizens who do not have children who might not be affected, but the vast majority of american households would be affected by going off of the cliff. the first order for business is running through what the effects will be. those of you in the room have a handout that summarizes things. those of you at work and at home should be able to find thi
the largest profit tax cut in the history of the state at the time. that is a record done with a republican governor, is but the republicans and democrats in the house and senate. it was a bipartisan effort. we got things done for texas. >> can use them much money of race? >> i really do not know. i have been on the road. >> 1 million, maybe. >> oh, no. i really do not know. texted democrat has not won a statewide office since 1994. do you consider this an uphill battle? >> it is always a battle. it should be in need to be. i understand that we have not elected a democrat in a long time. >> let's go on now to ted cruz. you said i'm going to run scared but you may few appearances and this september and agreed to this debate and one other televised debate. you turned down one in a houston last week. curtis that the governor for skipping almost -- you criticized the governor for skipping. >are you calling it say? >> our approach has been consistent for nearly two years. crisscrossing the state of texas. we have been all over the state, in hundreds of ihops and denny's talking qith 100 voters
institute for a discussion on the scheduled tax increases the percent to hit in january, including the end of the bush era taxes, payroll tax holiday hikes and invested in come also. a new tax policies and to report says nothing is done. average marginal tax rates would go up by five percentage points on labor income, seven points on capital gains and more than 20 points on dividends. along with more than a trillion dollars in budget cuts. also starting january or known as the fiscal cliff. it should get under way in just a moment. [inaudible conversations] >> good afternoon, and welcome to the urban institute's first tuesday. my name is howard gleckman of the tax center blocks and we are here to discuss taxes in the fiscal cliff. as you all know, washington lives everything that happens here is the biggest or the worst were the most important. how many times for instance have you been told some politician is about to give the speech of his life until he gives the next speech. the tax armageddon has the potential to actually be a watershed in the fiscal policy. true it could be another opp
out enough in debt, and enough taxes we have made changes that grows this economy, and that is why i am running for the united states senate. to change the want leadership in washington. we can change that. that is why i am running for the senate. i want to pass a balanced budget. i am not your usual politician. i'm not one of the good old boys pay ed i will make this tough decisions in the united states senate. i will roll up my sleeves, work hard for you, and i will fight for you. >> now the opening statement from bob kerrey. >> thank you. i love nebraska. i always have and i always will. i was born here in lincoln. i left nebraska and went to war and came home, and i recovered from illness in the lincoln. i started a business that employed more than 700 people. i served as your governor, balancing our budget, and i left after four years and went back to business. i served as your son that -- as your senator, and again we balance our budget. i am a candidate for congress for the senate because congress needs to change, and i will fight to make that happen. i have never had and neve
detailing massive waste of tax payer money leading to the resignation of a top veteran's affair official. stepping down after the inspector general report revealing last year costs $6.1 million. >>> some of you i know are wondering what someone like me is doing in a place like this talking to people like you. what i don't know -- >> this spoof of the movie patton was produced just for that event. it had a price tag of 50,000 dollars. in addition the conference org nierzs gave themselves 43,000 in bonuses. an amtrak train derails after it collides with a tractor trailer. 20 people were hurt. the train was headed from oakland to bakers field that's when the truck through right through the gate. passengers were tossed around including a new born baby. >> the seat in front of us was ripped out and fell on top of him. i had to lift the seat up and i found him in his car seat. >>> a thank goodness none of those were life threatening. crews hope to have it up and running soon. >> 8 planes were pulled out of commission to inspect them. the plane forced to turn around and then return back to new
and a tax cut. that was done with the republican governor, is split between republicans and democrats in the house and senate. it was a bipartisan effort. we got it done for texas. road. been on the i really do not know. >> mr. sadler, a democrat has not won a statewide office in texas since 1994. do you consider this an uphill battle? >> for an open senate seat, it is always a battle, and should be, and needs to be, regardless of the party. i understand we have not elected a democrat in a long time. >> let's go to mr. cruz. he said the day after you beat lt. governor dewhurst, he said he would run scared for the general election. but you have agreed to this and what other debt -- televised debate. you criticized governor dewhurst for having almost 40 candidate forms up to the primary, but are you planning its eighth and coasting? safe and coasting? >> we have been crisscrossing the state of texas. we have been all over the state, literally hundreds of dop's and vfw halls and enny's talking with voters in every part of the state. that is what we are doing between now and election day.
. governor romney says he would bring relief to the middle class. >> i don't have a $5 trillion tax cut. i don't have a tax cut that you're talking about. we should provide relief to the people in the mid class. high income people are doing just fine in this income, they'll do fine whether you're president or i am. the people having a hard time right now are middle income americans. under the president's policy middle income americans have been buried, they are being crushed. jon: mr. obama with this argument. >> the fact is that if you are loring the rates you describe, governor, then it is not possible to come up with enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burden evening the middle class, it's math, it's arithmetic. jon: today it's back to the campaign trail. mr. obama in denver, and then to wisconsin. governor romney is in virginia where the most recent "real clear politics" average shows president obama leading with 47% of the vote, governor romney with 44. virginia has 13 electoral votes up for grabs. that's wher
there be anything surprising that emerges from there? mike the committee be smaller tax >> we were talking about rumors earlier in the context of -- might thed committee be smaller? >> we were talking rumors earlier. probably the u.s. is on the side, a minor concern that may have affected by a day or two. but fundamentally i think this got decided out of an internal logic in china, and not looking at united states. my own personal guess is that if you look at the pool of people eligible to be the next and the commit -- standing committee, we may have some difficulty deciding which fisher going to get pulled out of the pond. it is revealing to look at the fish in the pond, the totality of what they are choosing among and what we're looking at is a more diverse group of people in terms of education, business, law, even humanity, to some extent. we are looking at a broader generations. we are looking at people, we were talking about xi. he has some enormous experience, my those leaders from all over the world visiting his city. i think we are looking at people experienced in the world. when we look
tax plan without blowing up the deficit or sticking it to the middle class. that's the math . we can't afford to go down that road again. >> steve: so the day after his terrible performance even the new york times called him president xannex. they have gone in damage control mode . they were portraying romney as an extremist and now back to romney is a flip-flopper and a big fact liar . >> brian: i thought the senator was right when team obama got a earful. the strategy was to lay back and not make major mistakes. governor romney will be a true choice. he defined himself as competent and capable . he was making himself relevant and holding the job. that's what you walk away . he undid over two million worth of advertising. >> gretchen: he had a answer about the five billion, trillion argument that the president said. he said that is not my tax plan. and you can see the difference when they are on a stage together going after each another and back out on the stump. on the stump you can say whatever you want. these are people supporting each cand date. this is a moment romney respondin
leadership, i don't know. he has one answer to the problem. raise everybody's taxes. he looked right into that lens and he said out there in san francisco, he said i'm going to raise your taxes. well, he's had a lot of experience in that, and he's sure going to go ahead and do it. i remember a statement of lyndon johnson, as he was looking around, his party people weren't supporting him. he said, hey, they painted their tails white and they ran with the antelope. there are a lot of democrats running with the antelopes. not one single democrat introduced that tax bill into the congress. of course i support the president's plan. i support him on everything else. i'm not sure if i didn't i would go doing what mr. mondale has done with jimmy carter, jump away from him. i couldn't do that to ronald reagan now, next year, or any other time. i have too much trust in him, i have too much friendship for him, and i would feel very uncomfortable doing that. >> some now claim he disagreed privately with jimmy cart's -- carter's decision to improse the grain emming. -- embargo. where, in your jud
a tax break. we will think that at least some of these guys who give money are just too forward their beliefs. maybe that is starry eyed. at least in some cases, this is really not about consideration. that is not to say that their beliefs to outline of what material considerations. it is a little harder to tell this story of corruption. you can still tell the story of influence. the point of giving money to a candidate somewhere along the line is to change the way policy is made in this country. that will never go away. what do we do with the guys saying i like certain policies and i want to see more of that. >> there was an interview recently where it was said that there's a possibility of federal investigations. he was convinced it obama wins, they will pursue these. >> why not use the real one? >> the real one has already been flogged to death. >> having spent time -- sometimes the press gets it wrong in assuming that every -- anybody who gives money is a bad person. that is the assumption of the narrative. big bad money people who are out to buy the election. the reality is
] who will raise taxes on the middle class? barack obama and the liberals already have. to pay for government-run healthcare, you'll pay hgher taxes and more for your medicine. and their plan includes a trillion dollars in higher taxes. even on the middle class. mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. >> well, we are happy to say that the dog is making a recovery. >> the dog was stabbed after an incident. we went out to find out how she is doing. >> with her shaved skin you can still see the scars on this two- year-old. they were worried that she would not make it. it was stabbed seven times. it was following a domestic dispute. >> we were very concerned. >> several of the wounds were serious. michael is an officer with the washington humane society. he has been out there rescuing abused pets. >> i was surprised what happened. in th
assessment of the efirst of all mitt romney countering what the obama came pair is saying about his tax proposal. >> i have five boys and i am used to people saying something that is not always true ask keep - and keep on repeating it and hope i believe it >> this was brilliant. first of all by envoking the story of his sons, it brought the sense of connection of mitt romney as a father and he raised kid more like us in that regard. countering the criticisms of mitt romney. that showed a connection and his boys had told him . let's say funny business like every body does to their partner, that said yeah, it must be normal in the romney house. but then the subtle was he was saying, you know, it doesn't matter if you are my son house or president. if you keep telling me something over and over, i am not so crazy as to believe it. it was a powerful moment and yet he did it in a way that everybody smile would and not even realize what a powerful hit he had . and mitt romney responded to obama's criticism that corporate tax breaks would send jobs over access. >> you get's deduction of taking
to our tax code, governor romney and i both agree our corporate tax rate is too high, so i want to lower it, particularly for manufacturing, taking it down to 25%, but i also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas, i want to provide tax breaks for companies that are investing here in the united states. >> you said you get a deduction for taking a plantoverseas? i've been in business for 25 years, i have no idea what you're talking about. >> so i don't either. because i actually don't know the tax code that well. are there actually incentives currently, hal, that encourage people to take their jobs out of the united states? >> well, both the president and mitt romney are both right the way they answered the question. the reality is we don't have a specific incentive to take jobs out of the u.s. but what happens is if you can move your taxable income to another jurisdiction that has a low tax rate, like china, you can pay less taxes in total as long as you don't repatriate the money back to the u.s. the president is right that
is because we put two wars and two tax cuts on a credit card. and now governor romney wants another $5 trillion in tax cuts that he can't pay for? not if i have anything to say about it. that's not going to happen. [applause] we are not going to let this country fall backward. not now. not with so much at stake. we've got to move forward. we need to invest in small business and manufacturers who create jobs here in the united states. we need to recruit 100,000 math and science teachers, train two million workers at community college, bring down the cost of college tuition. we need to -- [cheers and applause] we need to cut our oil imports in half. create thousands more jobs in clean energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. movinghow you keep forward. that's the choice in this election. and that's why i'm running for a second term. that's what we need. now, my opponent has bee
than an hour and a half, a forum on possible tax increases caused by the so- called fiscal cliff after the first of the year. later, the senate debate in the jersey. on washington journal tomorrow morning, we will be joined by ann coulter. we will talk about politics with katrina vanden heuvel, editor of "the nation." washington journal is live everyday at 7:00 eastern. >> americans are not the only people to have a september 11 in their national story. in santiago, chile there was a september 11 even that had a dramatic impact on chilean history and memory. military officers on that day had a full-scale assault on their country. it took over radio stations, police stations, and other centers of power. they stormed the presidential palace, charged through guns blazing. when they were done, the president of chile were dead. a these events led by an army general named agusto. -- augusto pinochet. what most chileans did not know at what many americans still do not know was that the coup of september 11, 1973 was the work of intelligence operatives -- american intelligence operatives that
romney's been running around the country for the last year, promising $5 trillion in tax cuts that favor the wealthy. >> reporter: many supporters asking, why wasn't the president tougher? why no mention of romney and his comments about the 47%? the people romney said he could never convince to take personal responsibility. romney offering new explanation for those comments overnight. >> why didn't president obama bring that up? what would you have said if he did bring it up? >> clearly, in a campaign with hundreds, if not thousands of speeches, and question and answer sessions, you're going to say something that didn't come out right. and i said something that's just completely wrong. >> reporter: that was one of the first times we heard romney, in fact, the first time we heard him say he was completely wrong about those comments about the 47%. as far as the obama campaign is concerned, they've acknowledged in the last 24 hours, they have to look at their debate strategy before the next one. >> they know it has to change. >>> now, to the big jobs news. the latest report on unemployment
advised him to focus on policy, such as romney's effort to distance himself from his own tax proposal. >> for 18 months he has been running on this tax plan. and, now, five weeks before the election, he is saying that his big bold idea is never mind. >> reporter: now top democrats and liberal pundits bemoan a missed opportunity. >> i don't know what he was doing out there, had his head down, enduring the debate rather than fight. >> it looked like romney wanted to be there, president obama didn't want to be there. >> reporter: some blamed denver's high elevation for his performance. >> when you go to 5,000 feet, and you have a few hours to adjust. >> that's interesting. >> i don't know. >> the president spent much time looking down at his podium take notes. and squandered easy opportunities to go after romney. such as this moment. >> i like pbs. i like big bird. i like you too. but i am not going to keep on spending money on things to borrow money from chon ina to p for it. a wide opening. the president took more than 14 hours to come up with a come? back. >> thank goodness, somebody
, and a majority of americans are staring at big increase on their tax bill. ashley morrison with more. >> the tax center released a study showing that americans of all different incomes could be hit with a tax increase. if washington doesn't come up with bauj et deal by the end of the year. if existing tax cuts are allowed to automatically expire, the average tax increase would be $3500 a year, a middle income family make between $40,000 and $60,000 a year would see their tax bill rise by $2,000. >>> overseas marks were mixed this morning. tokyo's nikkei shed a fraction on concerns of company earnings, while south korea's kospi grained a fraction. hong kong's hang seng is closed for a holiday. >>> on wall street, the dow added 77 points while the nasdaq lost two points. jp morgan chase is being sued over dealings made by bear stearns, the investment bank it acquired in 2008. new york's attorney general filed the suit claiming bear stearns misled investors. the suit is the first to be filed under a group set up by the obama administration to investigate misconduct that caused the 2008 financial cr
and on the state exchanges, that the congress forced the state to raise taxes and tell them how to pend it the supreme court weighed in on that. the statute is 2700 pages long and there are many other challenges in the court system to other parts of the statu. there are 45 plaintiffs all religious organizations many of them catholic and arch dose dose of new york challenged the so-called employer man date. the employer man date requires employers to buy health insurance that makes services available that violate the employer's values like birth control and abortion and euthaniasia. this would apply to universities and students. can yesterday the supreme court recognized one of the employer mandate challenges made its way to the federal appellate court and the appeals court said we don't want to hear supreme court said we are about to tell the appeals court to hear this. so it can make its way to us. the supreme court will rule on this next year rather than three or four years from now. >> gretchen: what is the messaging from the supreme court that they would tell a court below to rule o
running around the country for the last year promising $5 trillion in tax cuts to pay for the wealthy. the fellow onstage last night said he did not know anything about that. the real mitt romney said we do not need any more teachers in our classrooms. [booing] don't boo -- vote. but the fellow onstage last night, he loves teachers, cannot get enough of them. the mitt romney we all know invested in companies that were called pioneers of the outsourcing jobs to other countries. but he got onstage last night, he said that he does not even know that there are such laws that encourage outsourcing. he has never heard of them. never heard of them. never heard of tax breaks for companies who ship jobs overseas. he said if it is true, must need a new accountant. we know for sure it was not the real big trouble because he seems to be doing just fine with his current accountant. the man onstage last night does not want to be held accountable for mitt romney's decisions and what he has been saying for the last year. we know we do not want what he has been saying for the last year. governor romne
. but the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. >> reporter: in the audience many of the president's supporters expressed bewilderment at his performance. >> i felt like he should have been more aggressive. >> i didn't understand his strategy and thought, you know, i wondered what was going on. >> reporter: sources tell abc news, the president's strategy was a calculated decision not to risk appearing unpresidential by attacking romney on say that video insulting 47% of the country as irresponsible victims. his aide advised him to focus on policy, such as romney's effort to distance himself from his own tax proposal. >> for 18 months he has been running on this tax plan. and, now, five weeks before the election, he is saying that his big bold idea is never mind. >> reporter: now top democrats and liberal pundits bemoan a missed opportunity. >> i don't know what he was doing out there, had his head down, enduring the debate rather than fight. >> it looked like romney wanted to be there, president obama d
to offer a little more about his tax plan. there's been questions about the tax cuts across the board. which deductions would he eliminate? he's been practicing with that question. they would be surprised, stunned, in fact, if the 47% comments did not come up during this debate. heeds been practicing on that, as well. and lastly, this is their words, he doesn't have to win a charm conte contest, a charm offensive on this stage. he does need to connect with americans and the problems felt by middle-class families. >> jake, one thing romney is likely to bring up tonight. a gaffe by vice president joe biden, where he said the middle class has been buried for the last four years. >> reporter: that's right. vice president biden tried to clean up those remarks later in the day, saying he was referring to the middle-class buried by tax policies put in by republicans. ones that romney and ryan want to go back to. but criticism of what's happened to the middle-class over the last four years is one that ryan and romney jumped on. >> matthew dowd, what is a win for each candidate tonight? >> mit
] but this is what the budget plan mitt romney supports actually does. more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? >> live and in hd, this is an abc 7 news update. monday morning at 7:26, on october 8, columbus day. silver spring police are investigating an officer- involved shooting overnight at about 3:15 this morning. a man called than to say he harm himself and possibly others and they believe d to hiseade girlfriend's house. police found him there and a andile - in a stairwell exchanged and the n to thewas take hospital. prince george's county police investigating an officer- shooting in ginsberg. they ordered a man with a knife it and the officer shot twice in the stomach and taken to theas hospital. the officer was not hurt and newschannel 8 will have more coming up in a couple of minutes. let's check on the traff
and this is what a roaring romney sounded like. >> trickle down government is where the president will raise taxes on small business which kills jobs. i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just about everyone, from right to left, says that romney won the debate. i gave you a full "a" and i give the president a "c" minus. there was a giant difference between their performance. everyone who was fair was impressed with how romney handled that from going to end. obama was stunned by how well romney was performing. he seemed almost to take a step back and tune out. >>neil: do you think he came in to it is on the clock, the president, to your point he didn't expect t
. $200 million. >> i tell myself, it's 50% tax. don't feel bad. if you don't win the lottery. >> i will take the $100 million. make it work for a couple months. >>> later on in the half hour, the diva drama on "american idol" still spinning out of control. nicki minaj versus mariah carey. and our own barbara walters has a huge scoop about a threat involving a gun. yeah, things got that serious. that's coming up in "the skinny". stay tuned. >>> first, a major admission from mitt romney, the candidate now saying the remarks he made about the 47% were completely wrong. >> the reversal as romney tries to capitalize on his winning debate performance earlier this week. it is a critical time now with just over a month until election day. abc's t.j. winick covering the campaign for us. good morning, t.j. >> reporter: good morning, rob and reena. mitt romney rose to the occasion by all accounts on wednesday night, and now he looks to continue the momentum. seen by many political analysts and average voters as the winner, political challenger, mitt romney echoed his performance. >> he will r
. a washington think tank says if congress can't reach agreement on extending those tax cuts, then nine out of ten, that's 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is called the so-called fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust. >>> american express is agreeing to refund $85 million to about 250,000 credit card customers and pay about $27.5 in fines. federal agencies say the company charged improper late fees and deceived credit card customers about old debts and new services. >>> there is a major recall from honda this morning. it affects 600,000 accords with v6 engines from 2003 to 2007 years. the hose for power steering might come loose and leak flu
having an honest conversation and making sure that they actually get down to brass tax as opposed to the thousands upon thousands of ads we've been showered with here in the state over the past year. that's really, at the end of the day, what people are looking for, real solutions, ideas and how do we get that back to the state of the country. >> you don't want to hear zingers? >> it's fun for me, i'm a radio talk show host but for voters they're looking for mitt romney to be tough, for the president to be tough. i think at the end of the day they want solutions. >> recent poll shows president obama up a stun ing stunning 15. is that what you're seeing and hearing on the show? >> not really. our guest yesterday was blunt and called it garbage. when you're talking about that kind of poll, we call it an outlyer here in new hampshire, 15-point lead for the president is pretty obscure. it's much, much closer than that, much closer to the four to seven points that the president has been ahead since the convention. >> high profile, viral videos in roent weeks, one featuring mitt romney
. >> reporter: it was a debate full of numbers and domestic policy details. >> if the tax plan he described were a tax plan i would support, absolutely not. i'm not looking for a $5 trillion tax cut. >> now, five weeks before the election, he's saying that his big, bold idea is, never mind. >> reporter: george, up until last night, the obama campaign had succeeded in turning this from a referendum on president obama to a choice. and they were painting mitt romney as an unacceptable alternative. but that dynamic seemed to change last night. it seemed to be very much a referendum on president obama. and mitt romney presented himself as a credible alternati alternative. george? >> that's what mitt romney wanted. >>> let's get the view from the romney camp right now. david muir covers the romney campaign. and as we said, the polls giving mitt romney the win overnight. clearly, the romney team is happy. how do they capitalize on it going forward? >> reporter: i have to tell you, george, in talking with a key adviser overnight, one of the things i was struck by was he said our supporters are going to
-called fiscal cliff biened of the year. the tax policy center says taxes for almost 90%, 90% will go up by average of $3,500 with increases half a trillion dollars. automatic tax increases and deep spending cuts would kick in if the country goes over the fiscal cliff. >>> that is significant. look at some numbers. just, throw out numbers look that. doesn't really, doesn't really relate. can't put your mind around it. a married couple with two kids income of $100,000 would pay more, $6,000 more. and then, if some of the child deductions, obama's payroll tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major
of evasiveness. i feel they have been dodging questions, not revealing their taxes, and not giving any alternatives to what obama has already proposed. from the obama side, i would like to hear the reasons why some of their positions and not been passing through the congress. host: this from don -- you can give us a call and tell us what you are looking for as the debate season commences. the baltimore sun has this piece -- dan barry, connecticut, keith on our republican line. caller: i will not be watching the debate tomorrow night. i have seen enough of the show that they put on and it's not real. the questions are staged and the moderators are chosen by the candidates. the questions are preselected. only certain people [no audio] they will disagree on a couple things to make some highlights in tomorrow's news. other than that, you have two of the same guys on either side of the stage in a choreographed event. there's lots of other strings that are choreographed on tv that would be a lot more entertaining than this staged event for a candidate that the gop forced down everybody's thr
almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle-income family making $40,000 to $64,000 a year could go up by $2,000. >>> and california governor jerry brown signed a bill that would allow 500,000 young illegal immigrants who qualify for the new federal work permit program to obtain driver's licenses. >>> near hong kong, at least 36 people were killed when a boat filled with holiday partygoers collided with a ferry and sank. it is the deadliest accident there in years. >>> a house in oregon that was sold this summer turns out to have been a meth lab. and there are toxic chemicals there. contamination, 80 times the state limit. the family that bought the foreclosed home as is from the government got sick and now has few options. >>> and the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink, and even buckingham palace in london got in on the action. they are going pink to support the breast cancer awareness campaign. >>> well, now here's your first
more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the new federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collide d with a ferry and sank. it is the deadliest accident there in years. police say six crew members have been arrested. >>> in canada fireballs rose from a warehouse housing highly explosive racing car fuel. scores of home had to be evacuated. no injuries and so far no word on what caused the fire. >>> the white house is lit up in pink to mark ok as breast cancer awareness month. new york's empire state building is also bathed in pink light. even buckingham palace in london has gone pink to support the campaign. >>> here san early look on how wall street will kick off the day. the dow closed at 13,515 after adding 77 points yesterday. the s&p was up three, but the
over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collidewide a ferry and sank. it is the deadliest accident there in years. >>> a house in clam mouth falls, oregon, that was sold this summer turned out to be a meth lab. it had toxic chemicals 80 times. the family who bought the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street
and minimize taxes. they got him ted dead to rights again. i don't know if any american cares. do you remember how the kennedys made their money? >> i think there was some boot legging. >> might have been a little boot legging. john kerry married and then left his yacht in providence or something, didn't he. and then john edwards flipping his magnetic business card at all the ambulances going by made $80 million. it's weird, isn't it? >> he was a good lawyer. >> and a hell of a human being, too, johnny. we have ten seconds. >> i don't think additional incremental disclosures about offshore investments will make a big deal. >> all right, my friend, thank you. >>> when we come back, we'll get to kevin ferry from the cme, we'll find out what's most likely to drive action on the second day of the quarter. smart comes with 8 airbags, 3 a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. becau
why i'm not able to vote when i pay taxes, they see me working hard and doing things i should be doing as a citizen. >> what this comes down to really is do you think voting say right or a privilege? if voting is a right, people who have paid their debt to society should be allowed to vote. demographics are changing, more of this rhetoric that voting is not a right but a privilege. it should really be outrageous to all of us. the very foundation of our country is that voting is a right. vermont and maine probably have the two smallest black populations in the country. unfortunately race has been a big part of this in the state of virginia, where she's from, when the law was put in place, when it was embed into the state constitution back in 1902, the person who was doing that was actually talking from the floor of that convention and i quote, because of this plan, darky will be zeroed out as a factor in our state's politics in five years. it was a very sordid racial had history. >> you're saying this is of a race issue than anything else? is that what you're saying? or is it -- >> i'm
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